Allotment of 16,87,300 equity shares of Rs. 10/- each at an issue price of Rs. 90/- each aggregating to Rs. 15,18,57,000/- on preferential basis to non-promoters pursuant to approval of members of the Company obtained through postal ballot on 14 March 2017.

Sanction of Credit Facilities of Rs. 25 crore by LIC Housing Finance. The Board approved terms and condition and authorized officers for signing of documents.